Changing Tides: GM Beats Toyota In June Sales
Agent009 submitted on 7/1/2008 Official Bell & Ross Timestamp: 4:57:49 PM
36 user comments | Category: Misc News | Source: | SOURCE: news.yahoo.com


General Motors Corp.
soundly beat Toyota Motor Corp. in June to retain its traditional U.S. sales lead, but GM sales still dropped 18.2 percent during a dismal month for large automakers.Toyota's U.S. sales fell 21.4 percent, while Ford Motor Co. said it sales tumbled nearly 28 percent. Chrysler LLC took a huge hit for the month with sales down 35.9 percent.
GM's shares bounced more than 2 percent higher in late trading Tuesday after sinking to their lowest level in more than a half century during Monday's session.
Read Article